Allocation of resources is inefficient only if Oa. producer surplus is zero. Ob. some of the...
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Allocation of resources is inefficient only if Oa. producer surplus is zero. Ob. some of the potential gains from trade among buyers are sellers are not being realized. Oc. consumer surplus is equal to producer surplus. Od. consumer surplus is lower than producer surplus. Allocation of resources is inefficient only if Oa. producer surplus is zero. Ob. some of the potential gains from trade among buyers are sellers are not being realized. Oc. consumer surplus is equal to producer surplus. Od. consumer surplus is lower than producer surplus.
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